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Chinese Steel Exports to Peak in 2016

Strong Chinese steel exports will continue to pressure down global steel prices over the coming quarters. Beyond 2016, Chinese exports will peak due to higher import tax duties imposed on Chinese...

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Global Macro Themes - Q4 2015

The key global macroeconomic themes for 2015 that we outlined at the outset of the year are playing out for the most part. The deteriorating global economic environment has underpinned our 2015...

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Structural Woes Exposed By Commodity Decline

BMI View: We have revised our 2015 growth forecast to 1.4% from 1.9%. The revision is driven by Q215's 1.3% y-o-y contraction and a further deterioration in the domestic demand outlook, as the July...

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Assessing the 'Good, Bad And Ugly' in EM

This year's 4.0% real GDP growth figure for emerging markets (EMs) will mark the worst outturn since 2009, and the second-worst since the turn of the millennium. On aggregate, things are set to...

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Inclusive Growth Will Remain Elusive

Real GDP growth across Sub-Saharan Africa has not been inclusive, with the spending power of the richest households outstripping the poorest. The outlook over the next 10 years is much the same as...

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